Bike On, NYC. This afternoon the mayor’s office announced that the company Alta would run the city’s new bike sharing program, which is set to begin next summer. In Manhattan south of 79th Street and in select neighborhoods in Brooklyn, 10,000 bicycles will be available for pick up at 600 stations. More details at The New York Times.

Back to the future? Ford Motor Company has somehow navigated its way through the Great Recession by focusing on its core values and eliminating the fat. This gaunt American icon is now beefing up and hedging its bets on design of the new, “Evos” in an attempt to blow the DeLorean-esque doors off its profit margins. More at Motortrend.

Bangkok Underwater. Thailand’s capital city is slowly sinking, and may even be submerged as soon as 2030, unless drastic planning measures are taken, reports The Guardian.